Vincent James O'Neill - 01 Jan 2025 Form 3 Insider Report for Iridium Communications Inc. (IRDM)

Signature
/s/ Brian Leaf, Attorney-in-Fact
Issuer symbol
IRDM
Transactions as of
01 Jan 2025
Net transactions value
$0
Form type
3
Filing time
03 Jan 2025, 16:13:38 UTC
Next filing
04 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding IRDM Common Stock 9,893 01 Jan 2025 Direct
holding IRDM Common Stock 247 01 Jan 2025 Direct F1
holding IRDM Common Stock 1,652 01 Jan 2025 Direct F2
holding IRDM Common Stock 2,570 01 Jan 2025 Direct F3
holding IRDM Common Stock 7,573 01 Jan 2025 Direct F4
holding IRDM Common Stock 6,642 01 Jan 2025 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are represented by restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer. The shares underlying this restricted stock unit will vest in full on March 1, 2025, subject to the reporting person's continuous service with the issuer as of such vesting date.
F2 These shares are represented by restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer. The shares underlying this restricted stock unit shall vest in five equal quarterly installments, beginning on March 1, 2025, so that all shares of common stock shall be vested as of March 1, 2026, subject to the reporting person's continuous service with the issuer as of each such vesting date.
F3 These shares are represented by restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer. The shares underlying this restricted stock unit shall vest in nine equal quarterly installments, beginning on March 1, 2025, so that all shares of common stock shall be vested as of March 1, 2027, subject to the reporting person's continuous service with the issuer as of each such vesting date.
F4 These shares are represented by restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer. Of the shares underlying this restricted stock unit award, 34% shall vest on March 1, 2025 and the remainder shall vest in equal quarterly installments thereafter on each June 1, September 1, December 1 and March 1, so that all shares of common stock shall be vested as of March 1, 2027, subject to the reporting person's continuous service with the issuer as of each such vesting date.
F5 These shares are represented by restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer. Of the shares underlying this restricted stock unit award, 34% shall vest on June 1, 2025 and the remainder shall vest in equal quarterly installments thereafter on each September 1, December 1, March 1 and June 1, so that all shares of common stock shall be vested as of June 1, 2027, subject to the reporting person's continuous service with the issuer as of each such vesting date.